But while it's business as usual when it comes to deal volume,how those deals are getting done is definitely not normal. If you're a founder looking to raise despite the ongoing pandemic, you're likely going to have to do it over Zoom. And that, according to one super experienced investor, demands founders shift their tactics considerably. Anis Uzzaman"We have a higher volume because we are a VC-as-a-service model where we manage funds for our corporate partners.
With VCs looking to make a real connection over video, it's important for founders to be forthright and human about their challenges, Uzzamen insists. "I'd say that 60, 70 percent of startups will not give you the real story because they want to show that they are strong," Uzzaman estimates. Humanity beats bluster at the moment. I've invested in over 50 companies — of which, 17 went public and 20 were acquired. Here are the 5 most important rules to follow if you want to launch a successful startup after the pandemic.
There is no need to break out your three-piece suit, but being clean and well put together — even ditching your hoodie to possibly wear a jacket — might be worth considering if your only connection is over Zoom.
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